Golden Shoe Carpark (GSCP)

Outlook mixed for CapitaLand Commercial Trust
SINGAPORE (Oct 23): CapitaLand Commercial Trust (CCT) on Friday announced its 3Q17 results. DPU rose 2.6% y-o-y to 2.36 cents. This was due to lower operating expenses, stronger performance from CapitaGreen as well as a one-off gain. See: CapitaLand Commercial Trust posts 2.6% rise in 3Q DPU to 2.36 cents Although the group saw an increase in DPU, Daiwa is still maintaining its ...
Look forward to value creation for CapitaLand Commercial Trust
SINGAPORE (Oct 20): Maybank Kim Eng is maintaining its “buy” call on CapitaLand Commercial Trust with a target price of $1.77, advising investors to look beyond potential DPU dilution and focus on value creation from the redevelopment of Golden Shoe Carpark and active management of Asia Square Tower 2. In a Friday report, analyst Derrick Heng expects active asset management of AST2 to ...
Golden Shoe to cause short-term bruising for CapitaLand Commercial Trust
SINGAPORE (July 14): CapitaLand Commercial Trust’s redevelopment plan for Golden Shoe Carpark though exciting in the long run, is expected to put pressure to near-term DPU, particularly after factoring in the recent sales of properties, says Religare. CCT will embark on a JV with CapitaLand and Mitsubishi Estate (MEC) to redevelop GSCP. CCT and CL will each own a 45% stake in the JV while ...